Messy Eaterthis company has been messy, but its about to grow up into a big boy again. I'm seeing ~ $12-$15 in about 2 years.
Long
Braskem S.A. Cedear Each 2 Repr 1 ADR (A
No trades
Next report date
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Report period
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EPS estimate
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Revenue estimate
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−2.200 USD
−1.80 B USD
12.88 B USD
189.85 M
About Braskem S.A.
Sector
Industry
CEO
Roberto Prisco Paraíso Ramos
Website
Headquarters
Camaçari
Founded
1972
IPO date
Dec 18, 1978
Identifiers
2
ISIN AR0261973801
Braskem SA engages in the manufacture of petrochemicals and other related products. It operates through the following segments: Brazil, USA, and Europe and Mexico. The Brazil segment includes production and sale of chemicals, supply of electricity, and production and sale of PE. The USA and Europe segment involves production, operation, and sale of polypropylene in the United States and Germany. The Mexico segment comprises production, operation, and sale of ethylene, high-density polyethylene and low-density polyethylene in Mexico. The company was founded in August 2002 and is headquartered in Butanta, Brazil.
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BAK - Predictive Scales, Forecast & TargetsBAK - Braskem, S.A., NYSE
Predictive Scales
- S: pending activation at 1.3964
- M: pending activation at 1.4186
- L: pending activation at 1.3792
Forecast & Targets
- ST: IF carving lower lows, THEN bullish reversal awaits at 1.4186-1.3792 range
- MT: pending reversal
- LT: bullish
#BAK #CROW2.0
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$BAK - RIP to my risk exposure Super wild chart. Don't get me wrong - despite the bullish divergence in MFI + RSI, I think it's hella ugly (candle-wise, at least). When I developed the MA strategy I use in all my posts, I documented (still do) certain setups & patterns to determine super alpha trades vs. the black swans rejects.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
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Displays a symbol's price movements over previous years to identify recurring trends.